1W - On the weekly timeframe, we saw a strong reaction and were unable to hold the level after reaching the local target. I also marked the point on the chart where the trend shifted to a bearish one.
Potential Trade Setup on EURUSD Prior to the spike which was initiated by the July NFP data released. EURUSD seem to be ranging since then, however there is an opportunity for trade setup moving forward.. The price is developing, and I am waiting for either a break above the resistance and retest of that zone to take a a BUY trade, or Alternatively if the price...
EUR/AUD is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 1.65058 Why we like it: There is a pullback support level. Stop loss: 1.63955 Why we like it: There is a pullback support level. Take profit: 1.67665 Why we like it: There is an overlap resistance level which aligns with the 38.2%...
This week in EUR/USD, we have liquidity placed above our highs in a bullish range. Last week, we played bearish within price action, ultimately putting in these highs to form liquidity. Based on this, we could run the liquidity coming into this week, or we may drop further into the range. We have met the 50% level of the range, so there is sufficient liquidity...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined in falling channel, where it fell to support level, after which at once bounced up. Price reached resistance line of channel, and then bounced down lower $1.0830 level, breaking it. But then Euro made a strong upward impulse, thereby...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09150 zone, EURUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09150 support and resistance area. Trade safe, Joe.
Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into...
With the expectation of rate cuts from the Fed, EURUSD might experience buying interest, at least in the near term. Watch the video for more details. FX_IDC:EURUSD EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's...
As you can see in the chart, after the breaking of this pattern (head and shoulders at the price peak) and according to the orders left from the previous upward leg spike, we are likely to see a price decrease. Two orders were taken at this point. One of them will be risk-free in the first target to reach the second target. This analysis will be updated...
EUR/CAD is rising towards the pivot and could reverse to the 50% Fibonacci support. Pivot: 1.50239 1st Support: 1.48964 1st Resistance: 1.51188 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
based on this powerful trading indicator attached to my chart, it forecasts a good buying opportunity for the EURUSD. We will be taking profit at the next resistance level (white line shown on the chart)
EUR/AUD is falling towards the support level which is an overlap support and could potentially reverse from this level to our take profit. Entry: 1.66204 Why we like it" There is an overlap support level. Stop loss: 1.64959 Why we like it: There is a pullback support level. Take profit: 1.67705 Why we like it: There is an overlap resistance level. Please be...
EUR/NZD has bounced off the support level which is a pullback support and could rise to our take profit. Entry: 1.81106 Why we like it: There is a pullback support level. Stop loss: 1.80301 Why we like it: There is a pullback support level. Take profit: 1.83458 Why we like it: There is a pullback resistance level which is slightly above the 38.2% Fibonacci...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 164 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 164 support and resistance area. Trade safe, Joe.
EUR/USD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.0943 Why we like it: There is an overlap resistance which lines up with the 38.2% Fibonacci retracement. Stop loss: 1.1008 Why we like it: There is a pullback resistance...
EUR/CAD is falling towards the pivot which has been identified as a pullback support and could rise to the 1st resistance level which is also a pullback resistance. Pivot: 1.50322 1st Support: 1.48979 1st Resistance: 1.52196 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
Based on this trading indicator attached to the chart - the EURUSD looks like it is ready to move upwards in the next few days + weeks towards the next resistance levels. This is a great buying opportunity with profitable potential!
Euro looks set to reach new highs against the yen. Looking to stay long on this one for as the pair eyes 163.20, 164.8 ahead of NFP and other events. Eventually could make its way up to the 166.70 region if bulls keep bringin the steam.